Nonpayment Default definition

Nonpayment Default shall have the meaning specified in Section 15.4(b).
Nonpayment Default shall have the meaning specified in Section 13.02.
Nonpayment Default. The term "Nonpayment Default" shall have the meaning specified in Section 15.4(b).

Examples of Nonpayment Default in a sentence

  • No Nonpayment Default that existed or was continuing on the date of receipt of any Payment Blockage Notice by the Trustee shall be, or be made, the basis for a subsequent Payment Blockage Notice.


More Definitions of Nonpayment Default

Nonpayment Default has the meaning set forth in Section 18.01(b)(ii).
Nonpayment Default shall have the meaning as defined under Section 6.02(b).
Nonpayment Default shall have the meaning assigned to such term in Section 8.03.
Nonpayment Default means any event of default under the terms of any instrument governing any Senior Indebtedness permitting one or more holders of such Senior Indebtedness (or a Representative on behalf of the holders thereof) to declare all or part of such Senior Indebtedness due and payable prior to the date on which it would otherwise become due and payable.
Nonpayment Default shall have the meaning specified in Section 10.04(a)(ii).
Nonpayment Default. The term “Nonpayment Default” shall have the meaning specified in Section 15.4(b).
Nonpayment Default means any event (other than a Payment Default) the occurrence of which entitles one or more Persons to accelerate the maturity of any Designated Senior Indebtedness.